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Ahmed Malik

MSCI announces outcome of semi-annual review
Pakistan

MSCI announces outcome of semi-annual review

The Morgan Stanley Capital International (MSCI) has announced outcome of its Semi Annual Review (SAIR), whereby Pakistan now has a weight of 0.026 percent. Additionally, Pakistan's weight in the small cap index has been revised to 0.734 percent.
Published 14 May, 2020 12:04am
Rs 200 billion Pakistan Energy Sukuk-II launched
Print

Rs 200 billion Pakistan Energy Sukuk-II launched

In a bid to ensure transparency and competitive bidding, the government has launched the first-ever Rs 200 billion Shariah-compliant debt instrument - Pakistan Energy Sukuk-II (PES-II) - through Pakistan Stock Exchange (PSX).
Published 05 May, 2020 12:06am
APPMA demands elimination of 'anomalous' tariff
Print

APPMA demands elimination of 'anomalous' tariff

All Pakistan Paper Merchants Association (APPMA) has said that the local printing industry has reached to the edge of destruction due to the continuation of anomalous tariff and once it closed down, will never be able to revive itself.
Published 04 May, 2020 12:07am
SNGPL still without permanent MD
Print

SNGPL still without permanent MD

Sui Northern Gas Pipelines Limited (SNGPL) is without a permanent MD for the most part under the present government. The recruitment process has been completed twice but shelved at the last minute.
Published 01 May, 2020 12:54am
RSIAs launch: PSX proposes mechanism, regulatory structure
Print

RSIAs launch: PSX proposes mechanism, regulatory structure

Pakistan Stock Exchange (PSX) has proposed the federal government to introduce a mechanism and regulatory structure for the launch of registered savings and investment accounts (RSIAs) to help channel savings towards productive investments.
Published 30 Apr, 2020 12:07am
KSE-30 Index: First-ever market halt due to upper locks
Print

KSE-30 Index: First-ever market halt due to upper locks

Pakistan Stock Exchange triggered Market Halt on Friday at 10:52am due to 5.0 percent increase in KSE-30 index. It was the first ever market halt that was triggered when the market was in bullish mood and the KSE-30 Index saw a sudden increase of 5.0 perc
Published 18 Apr, 2020 12:00am
Stockbrokers send out an SOS
Print

Stockbrokers send out an SOS

Keeping in view the devastating impact that COVID-19 has brought to the stock brokerage fraternity and capital market investors, PSX Stockbrokers Association (PSA) has requested the federal government to take immediate and timely action in order to save b
Published 10 Apr, 2020 12:00am
Analysts expect 0.25 percent growth against targeted 4 percent
Print

Analysts expect 0.25 percent growth against targeted 4 percent

Due to severe impact of deadly coronavirus outbreak and lockdown on economic activities, the country's GDP growth is expected at 0.25 percent in the current fiscal year (FY20) as compared to government's target of 4.0 percent, economists said.
Published 05 Apr, 2020 12:00am
Ministry urges OMCs to cancel crude oil imports
Print

Ministry urges OMCs to cancel crude oil imports

Oil Marketing Companies (OMCs) have been requested by the energy ministry to cancel their planned crude oil imports from April 1, 2020 onwards to support Pakistan's domestic refining industry.
Published 27 Mar, 2020 12:00am